Prime Minister Justin Trudeau’s expected level of per person spending this fiscal year ($8,337) is just $38 less than the all-time high.
federal government spending
By 2019/20, Canada’s debt-to-GDP ratio is forecasted to be 31.5 per cent.
Under the Trudeau government, deficits continue with no end in sight, debt is growing and taxes have increased.
Since the Liberals’ first forecast in 2015, expected GDP for 2017 has dropped by $62 billion or $1,700 per Canadian.
Governments in Edmonton, Toronto and Ottawa have markedly increased government spending.
The Liberals will finance almost all of the new spending with borrowed money, resulting in an expected deficit of $27.8 billion this year.
From 2000 to 2016, the federal government’s core departments and separate agencies have seen employment grow by more than 22 per cent.